The JCI October 31, 2022
๐๐๐ญ๐จ๐๐๐ซ ๐๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญย (๐ ๐ซ๐ข๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐๐ง๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง๐๐ข๐๐๐ฌ ๐๐ฅ๐จ๐ฌ๐๐ ๐ก๐ข๐ ๐ก๐๐ซ ๐๐ฒ ๐๐ฅ๐ฆ๐จ๐ฌ๐ญ ๐%, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐จ๐ง ๐ญ๐ซ๐๐๐๐ซ๐ฌ’ ๐ก๐จ๐ฉ๐ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (๐๐) ๐๐๐ง๐ญ๐ซ๐๐ฅ ๐๐๐ง๐ค ๐ฐ๐จ๐ฎ๐ฅ๐ ๐ฌ๐ฅ๐จ๐ฐ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ ๐ซ๐๐ญ๐ ๐ก๐ข๐ค๐ ๐ข๐ง ๐๐๐๐๐ฆ๐๐๐ซ ๐ญ๐ก๐ข๐ฌ ๐ฒ๐๐๐ซ
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐๐ข๐ง ๐๐ง ๐๐๐ ๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (10/31) is expected to trade between 7,000pt โ 7,150pt to attempt higher with the support of bargain hunters. ย ย
Meanwhile, Friday last week ย (10/28) Wall Street ended with the DJIA closed higher by 829 points or 2.6% to 32,033pt, while the S&P500 and the Nasdaq closed higher by 2.5% and 2.9%, respectively.
Friday last week, traders received the release of the US data of the personal consumption expenditures (PCE)ย price index for September.ย PCE inflation rose 0.3% for the month and 6.2% on a yearly basis. Excluding food and energy, the PCE ย increased 0.5% from the previous month (in-line with estimate) ย and 5.1% from a year ago (slightly lower than estimate of 5.2%).
The 10-year US Treasury yield, meanwhile, increased by 7 basis points at 4.006% yesterday, and the yield on the policy-sensitiveย 2-year Treasuryย fell by 11 ย basis points to 4.424%.
Last week, the price of ย WTI crude fell by 0.99%, to USD88.2 a barrel, mainly on demand concern ย after news reported that top crude importer China had widened its COVID-19 curbs. Meanwhile, the USDIDR ย closed atย IDR15,542 vs. IDR15,573the previous one.
ย Cheers,